Islamabad, March 22, 2024 – Aamir Ibrahim, Chief Executive Officer of Jazz and Chairman of the Telecom Operators Association of Pakistan (TOAP), engaged in a significant meeting with Minister of State for IT and Telecommunication, Shaza Fatima Khawaja, on Friday, advocating for policy reforms to ensure the continued viability of the telecom industry in Pakistan.
(more…)Category: Pakistan
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FBR Issues Fresh Procedure for Mobile Phone Registration
Islamabad, March 22, 2024 – The Federal Board of Revenue (FBR) unveiled a new procedure for the registration of mobile phones, aiming to streamline the process and ensure compliance with regulatory standards.
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Jazz Pakistan Invests Rs 37 Billion Amid Challenges in 2023
Islamabad, March 21, 2024 – Despite facing a challenging macroeconomic landscape, Jazz Pakistan, the leading digital operator, demonstrated its commitment to Pakistan’s digital future by investing Rs. 37 billion in 2023.
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Formite and THF Empower Youth Through Education
Karachi, March 21, 2024: In a significant stride towards empowering youth and enriching educational resources, Formite and The Hunar Foundation (THF) have joined hands in a collaborative effort aimed at fostering a brighter future for Pakistani youth.
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Foreign Investors Submit Proposals for Pakistan Budget 2024-25
Foreign investors actively engaged in Pakistan have recently presented their proposals for the upcoming 2024-25 budget to the government, aiming to address critical fiscal deficits and enhance the investment climate in the country.
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FBR Introduces SWAPS Rules for Digital Invoicing Enforcement
Islamabad, March 21, 2024 – The Federal Board of Revenue (FBR) has taken a significant step towards enhancing tax transparency and combating evasion with the introduction of rules for the Synchronized Withholding Administration and Payment System (SWAPS).
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Pakistan Registers $240 Million Increase in Weekly Forex Reserves
Karachi, March 21, 2024 – Pakistan has seen a notable surge in its foreign exchange reserves, recording a $240 million increase for the week ended March 15, 2024.
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Pakistan Railways Set to Operate Eid Special Trains
Islamabad, March 21, 2024 – Pakistan Railways is gearing up to launch ‘Eid Special Trains’ ahead of Eid-ul-Fitr to meet the anticipated surge in travel demand and enable passengers to celebrate the Islamic festival with their families and friends across the country.
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Foreign Direct Investment Plummets 17% in 8MFY24, Says SBP
Karachi, March 20, 2024 – The State Bank of Pakistan (SBP) announced on Wednesday that the foreign direct investment (FDI) into the country has witnessed a significant decline of 17.1 percent during the first eight months (July – February) of the fiscal year 2023-24.
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IMF and Pakistan Reach Agreement for $1.1 Billion Tranche
Karachi, March 20, 2024 – Pakistan has reached a significant milestone in its economic partnership with the International Monetary Fund (IMF), as both parties have reached a staff-level agreement (SLA) for the second and final review under the Stand-By Arrangement (SBA).
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